PointState is a hedge fund manager; while this is filed as passive (13G), the 5.7% position is material. Monitor for any subsequent conversion to 13D or increased activism, though the certification disclaims control intent. The stake size suggests conviction in KNX's current valuation.
Price Chart
Executive Summary
PointState Capital LP (via SteelMill Master Fund LP) disclosed a new 5.7% passive stake in Knight-Swift Transportation Holdings Inc. as of October 8, 2026. The filing is a Schedule 13G, indicating no activist intent. This is a new position for PointState, which was not previously a 5% holder in the prior cross-filings from Fidelity and Wellington.
Key Financial Metrics
Key Facts
- PointState Capital LP disclosed beneficial ownership of 9,352,256 shares of Knight-Swift common stock, representing 5.7% of shares outstanding.
- The filing is a new Schedule 13G (not an amendment), indicating a new 5%+ position.
- The filer certifies the shares were not acquired with the purpose of changing or influencing control of the issuer.
- The reporting persons include SteelMill Master Fund LP, PointState Holdings LLC, PointState Capital LP, PointState Capital GP LLC, and Zachary J. Schreiber.
Financial Impact
9,352,256 shares (5.7% stake) — no transaction price disclosed; stake value depends on KNX market price at filing date.
Risk Factors
- Potential conversion to activist 13D if PointState's intentions change.
- No financial or operational catalyst disclosed — the stake alone does not indicate near-term price movement.
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G Filing (Primary) | 0000895345-26-000458 |
| Document: 0000895345-26-000458-index-headers.html | 0000895345-26-000458 |
| Document: 0000895345-26-000458-index.html | 0000895345-26-000458 |
| Document: 0000895345-26-000458.txt | 0000895345-26-000458 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | Institutional Cluster | $61.21 | awaiting T+5 | — | $63.02 (+2.96%) |
Oct 21, 2026 6d ago | 8-K | $62.52 | awaiting T+5 | — | $63.02 (+0.80%) |
Oct 13, 2026 14d ago | SC 13G | $63.21 $63.20 | ▼ −0.02% | ▼ −0.47% | $63.02 (−0.30%) |
Aug 14, 2026 10w ago | Insider Cluster | $72.42 $71.60 | ▼ −1.13% | ▲ +0.24% | $63.02 (−12.98%) |
Aug 6, 2026 11w ago | 8-K | $69.28 $73.30 | ▲ +5.80% | ▲ +4.59% | $63.02 (−9.04%) |
Jul 31, 2026 12w ago | Insider Cluster | $68.42 $68.67 | ▲ +0.37% | ▼ −1.66% | $63.02 (−7.89%) |
Jun 8, 2026 20w ago | 144 | $80.35 $79.25 | ▲ +1.37% | ▲ +3.78% | $63.02 (+21.57%) |
Jun 4, 2026 20w ago | 8-K | $78.57 $81.54 | ▲ +3.78% | ▲ +3.21% | $63.02 (−19.79%) |
May 13, 2026 23w ago | 8-K | $59.47 $70.73 | ▲ +18.93% | ▲ +19.07% | $63.02 (+5.96%) |
May 8, 2026 24w ago | 8-K | $61.70 $69.01 | ▲ +11.85% | ▲ +11.93% | $63.02 (+2.13%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers